Welcome to our dedicated page for Standex Intl news (Ticker: SXI), a resource for investors and traders seeking the latest updates and insights on Standex Intl stock.
Overview
Standex International Corporation (SXI) is a diversified industrial manufacturer that serves both commercial and industrial markets through a wide range of precision-engineered products and services. Operating across five key segments—including electronics, engraving, scientific instruments, engineering technologies, and specialty solutions—the company integrates advanced sensing, switching, and power conversion technologies with traditional manufacturing expertise to deliver innovative, high-quality solutions.
Business Segments and Capabilities
Standex International is organized into five distinct business segments, each addressing a unique market need:
- Electronics: This segment focuses on the production of essential electronic components such as custom wound transformers, precision inductors, and magnetic power conversion assemblies. Its emphasis on sensing and switching technologies positions it as a key provider for sectors demanding robust electronic solutions.
- Engraving: Specializing in precision engraving techniques, this division caters to both aesthetic and industrial marking requirements, ensuring that products and components meet rigorous quality and identification standards.
- Scientific: Offering advanced measurement and instrumentation, the scientific segment supports critical applications in retail pharmacy, research, and technical fields, underscoring the company's commitment to accuracy and reliability.
- Engineering Technologies: This segment encompasses a broad array of engineering services and technological solutions that support industries such as aerospace, defense, and transportation. It is central to Standex's reputation for developing customized testing, validation, and production processes.
- Specialty Solutions: Focused on niche markets, this segment delivers specialized products including hydraulics and display merchandising systems, exemplifying the company’s flexibility in adapting to specialized market demands.
Global Reach and Market Position
Standex International has cultivated a robust global presence, operating throughout the United States, Europe, Asia Pacific, and other key regions. This extensive geographic footprint not only enhances its competitive advantage but also mitigates risks associated with market volatility. The company’s portfolio—anchored by well-recognized brands—is built on a foundation of quality, innovation, and reliable performance, distinguishing it among global industrial manufacturers.
Business Model and Operational Excellence
The company generates revenue by combining direct sales of industrial components with value-added engineering and manufacturing services. Its integrated model ensures precision in every step—from design through production—allowing Standex to meet diverse customer requirements across fast-growing markets and traditional industrial segments. The focus on advanced technologies and proactive investment in new product applications reinforces its capability to deliver tailored, high-performance solutions.
Technological Innovation and Industry Expertise
At the heart of Standex International is a strong commitment to technological innovation. The company leverages state-of-the-art automation, advanced research in current sensing and power conversion, and precision engineering methods to drive product development and operational efficiency. This dedication to integrating technology with manufacturing best practices helps the company consistently adapt to and shape market trends.
Competitive Landscape and Strategic Positioning
Operating in a competitive and multifaceted market, Standex differentiates itself through its balanced portfolio and a strategic focus on continuous quality improvement. Its diverse capabilities across multiple sectors help buffer against market fluctuations and competitive pressures. Standex’s commitment to delivering precise, innovative solutions while maintaining robust operational standards underscores its enduring reputation in the industrial manufacturing landscape.
Frequently Asked Questions
The section below answers common questions about Standex International Corporation:
- What industries does Standex International serve? Standex serves a broad array of industries, including electronics, scientific instrumentation, industrial engraving, aerospace, defense, and specialized manufacturing sectors.
- What are the company’s main business segments? The company is organized into five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.
- How is revenue generated at Standex? Revenue is driven by direct sales of industrial components and equipment, supplemented by value-added engineering services and custom manufacturing solutions.
- What role does advanced technology play in its operations? Advanced automation, precision engineering, and ongoing R&D in sensing and power conversion are central to its manufacturing process, ensuring high quality and innovation.
- How does the company manage competitive pressures? Through a diversified product portfolio and global operational reach, Standex minimizes market risks and adapts effectively to industry fluctuations.
- What distinguishes Standex from its competitors? Its longstanding reputation for quality, innovation in technology, and the ability to integrate customized solutions across various industrial segments set it apart in a competitive market.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.24 per share, payable on August 25, 2021, to shareholders on record as of August 2, 2021. This marks the company's 228th consecutive quarterly cash dividend, showcasing its consistent commitment to shareholder returns since becoming public in November 1964. Standex operates in five sectors: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions, with a global presence across several countries.
Standex International Corporation (NYSE:SXI) has announced the appointment of Robin J. Davenport, Vice President of Corporate Finance at Parker-Hannifin Corporation, as an observer and advisor to its Board of Directors. Ms. Davenport will be nominated for election at Standex's 2021 Annual Shareholders Meeting. She brings extensive experience in M&A, capital allocation, and corporate strategy from her tenure at Parker-Hannifin and previous roles at CNH Capital Corporation. This strategic addition aims to strengthen Standex's financial and operational oversight.
Standex International Corporation (NYSE:SXI) reported its third-quarter fiscal 2021 results, showcasing a 10.8% year-over-year increase in net sales to $172.2 million. However, GAAP net income from continuing operations dropped 85.4% to $1.8 million and operating income decreased by 66.6% to $5.7 million. On a positive note, adjusted operating income rose 19.2% to $21.0 million. Strong demand in the Electronics segment, particularly from electric vehicles and renewable energy, significantly contributed to revenue growth. The company expects moderate revenue increases in the next quarter.
Standex International Corporation (NYSE:SXI) will release its third quarter fiscal 2021 financial results on May 6, 2021, after market close. A live conference call is scheduled for May 7, 2021, at 8:30 a.m. ET, where CEO David Dunbar and CFO Ademir Sarcevic will discuss the financial results and outlook. Investors can access the webcast via the Investors section on Standex's website, with a replay available afterward.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.24 per share, payable on May 25, 2021, to shareholders of record by May 11, 2021. This marks the company's 227th consecutive quarterly dividend, maintaining a consistent dividend payout since going public in November 1964. The announcement reflects the company’s commitment to return value to its shareholders.
Standex International Corporation (NYSE: SXI) announced the divestiture of its jet engine components business, Enginetics Corporation, to Enjet Aero, LLC, for approximately $11.5 million in cash. Enginetics generated around $9 million in revenue in the first nine months of fiscal 2021. The company expects to incur non-cash charges between $14.5 million and $15.5 million, primarily related to goodwill. This sale allows Standex to focus on higher growth opportunities in its core spin forming solutions business, enhancing its operating margin and maintaining financial flexibility.
Standex International Corporation (NYSE: SXI) will present at the Sidoti & Company's Spring 2021 Virtual Investor Conference on March 24, 2021, at 1:45 PM Eastern Time. The presentation will feature Chairman, President & CEO David Dunbar and Vice President, CFO & Treasurer Ademir Sarcevic. Interested participants can access the live webcast through a provided link, and a replay will be available on the company's website for thirty days. Standex operates in multiple sectors including Electronics, Engraving, and Scientific Technologies across various global locations.
Standex International Corporation (NYSE:SXI) reported its 2Q21 financial results, demonstrating a modest year-over-year revenue growth of 1.7% to $156.3 million. Operating income decreased by 5.1% to $16.7 million, while net income from continuing operations fell by 2.3% to $12.0 million. Adjusted EBITDA remained stable at $26.2 million, with a 16.8% margin. Free cash flow surged significantly by 370.7% to $17 million. The company aims for a mid-single digit organic revenue growth and a robust EBITDA margin exceeding 20% in the long term.
Standex International Corporation (NYSE:SXI) will announce its second quarter fiscal 2021 financial results on February 4, 2021, after market close. The results will be discussed in a conference call on February 5, 2021, at 8:30 a.m. ET, led by David Dunbar, CEO, and Ademir Sarcevic, CFO. Investors can access the live webcast and presentation through the company's website. A replay will be available shortly after the event.
Standex International Corporation (NYSE: SXI) has declared a quarterly cash dividend of $0.24 per share, payable on February 25, 2021 to shareholders recorded by February 10, 2021. This marks the 226th consecutive quarterly cash dividend, maintaining a consistent payout since becoming public in November 1964. Standex operates in diverse sectors, including Electronics, Engraving, and Scientific, across global markets like the U.S., Europe, and Asia.
FAQ
What is the current stock price of Standex Intl (SXI)?
What is the market cap of Standex Intl (SXI)?
What industries does Standex International serve?
What are the primary business segments at Standex?
How does Standex generate its revenue?
How does technology integrate into Standex's operations?
How does Standex manage market risks?
What differentiates Standex from its competitors?
